secwatch.observer — SEC 8-K summary
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Issuer:     BRINKS CO (BCO)
CIK:        0000078890
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0000078890-23-000428
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brink's Q3: record revenue +8%, non-GAAP EPS $1.92 (+39%), raises FCF guidance, new $500M buyback
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- Q3 revenue $1,227M (+8% YoY, 6% organic); GAAP operating profit $138M (+131%), non-GAAP $166M (+31%).
- Adjusted EBITDA $231M (+22%); GAAP EPS $0.97, non-GAAP EPS $1.92 (+39%).
- YTD free cash flow $216M (+197%); increased full-year FCF guidance to $350M-$375M (top half of prior range).
- Board authorized new $500M share repurchase plan; AMS and DRS combined exceed 20% of trailing revenue.
- 2023 non-GAAP EPS guidance raised to $6.45-$7.15; operating profit margin target 12.6%-14.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78890/000007889023000428/0000078890-23-000428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78890/000007889023000428/bco-20231107.htm
  HTML page:      https://secwatch.observer/filing/0000078890-23-000428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer